PRESS RELEASE. OWB Studio, a pioneering force in Web3 gaming, today announced the successful completion of its Pre-Seed funding round, led by V3V Ventures and supported by over 30 angel investors. This crucial funding will accelerate the development and launch of the studio’s highly anticipated first game, Clash of Coins, which aims to seamlessly onboard […]
Sebastian Serrano, CEO of the Argentina-based cryptocurrency exchange Ripio, has predicted that bitcoin will reach $ 1 million by 2030, driven by the rise of U.S. public debt and the devaluation of the U.S. dollar. CEO Believes Bitcoin May Reach $ 1 Million by 2030 Sebastian Serrano, CEO of Ripio, one of the …
Standard Chartered’s Zodia Custody is raising $ 50 million to expand its crypto custody services amidst increasing competition from both traditional finance and crypto-native firms. Institutional Investors Drive Demand for Crypto Custody Standard Chartered’s crypto custody business, Zodia Custody, is reportedly in talks to raise $ 50 million to fund its expansion into …
Reports indicate that the State of Michigan Retirement System recently invested over $ 10 million in ethereum exchange-traded funds (ETFs), specifically in Grayscale’s Ethereum Trust and its Ethereum Mini Trust. The Rise of Crypto in Retirement Portfolios In July, news surfaced that the State of Michigan Retirement System (SMRS) had also put funds into …
In a market flooded with useless meme coins, one new project is taking a different approach – and investors are noticing. The Crypto All-Stars (STARS) presale has just passed the $ 3 million mark, hinting that it might have more staying power than the average dog or cat coin. STARS Presale Hits $ …
The latest Certik Web3 Security Quarterly Report reveals alarming statistics for the second quarter of 2024, with a staggering $ 688 million lost across 184 on-chain security incidents, marking a 37% increase in value lost compared to the previous quarter. Phishing attacks emerged as the most costly threat, accounting for approximately $ 433 …
M2 Exchange recovered from a $ 13.7 million security breach within 16 minutes. A security firm said the incident highlights the growing vulnerability of crypto exchanges. Normal Service Restored The United Arab Emirates-based cryptocurrency exchange, M2 Exchange, said it swiftly resolved a security incident on Oct. 31 that involved $ 13.7 million. The …
According to the latest data, the stablecoin economy now holds a value of $ 172.892 billion, with October adding $ 555 million to the fiat-pegged token market. Stablecoin Market Continues to Climb Last month saw stablecoins grow modestly, with the market inching up 0.32% from $ 172.337 billion to $ 172.892 …
The Federal Ministry of Communications, Innovation, and Digital Economy (FMCIDE) in Nigeria has announced a $ 1.7 million (NGN2.8 billion) Google grant to promote artificial intelligence (AI) talent development. This will support the Ministry’s AI initiatives and align with Google.org’s $ 5.8 million commitment to digital skills programs across Sub-Saharan Africa. The grant …
Moniepoint, a Nigerian fintech company, has raised $ 110 million in Series C funding to expand its services across Africa and globally, becoming the latest Nigerian fintech unicorn. Moniepoint Seeks to Serve Global African Market with New Funding Moniepoint, a Nigerian fintech company, recently announced it had raised $ 110 million in a …
Crusoe Energy is set to secure approximately $ 500 million in equity capital from investors including billionaire Peter Thiel’s Founders Fund. VC Firms Pour Billions into AI Startups Crusoe Energy, a vertically integrated artificial intelligence (AI) infrastructure company, is set to secure approximately $ 500 million in equity capital from investors including billionaire …
On Tuesday, Ethereum founder Vitalik Buterin made a significant contribution of 400 ETH, valued at over $ 1 million, to four Ukrainian humanitarian non-profits. This donation was facilitated by swapping ETH from meme coins, showcasing the potential of cryptocurrency for philanthropic efforts. Among the recipients is the UHF Fund, a non-governmental organization that provides …
One month ago, ethereum liquid staking derivatives (LSD) protocols collectively held 14.08 million ETH, crossing the 14 million milestone. Since then, these protocols have scooped up an additional 60,000 ETH. Ethereum’s Liquid Staking Surge Ethereum liquid staking has skyrocketed in popularity recently, with protocols now securing 11.74% of the total 120,401,221 ETH in circulation. For […]
PRESS RELEASE. DUBAI: Since its launch, PiP World’s ‘Gold Rush’ has skyrocketed to popularity, attracting over 500,000 players globally in just one month, along with 20,000 connected wallets and 100,000 followers on X (formerly Twitter). The game captivates players through a mix of interactive tapping mechanics for strategic inventory management, viral social interactions, and subtle […]
Following Friday’s spot bitcoin exchange-traded fund (ETF) activity, the numbers reveal that the 12 ETFs are on the brink of reaching the impressive milestone of 1 million bitcoins. As of this weekend, the funds are just shy of 42,000 BTC from hitting that target. Massive Bitcoin Inflows Drive ETFs Closer to 1 Million Bitcoin Milestone […]